Asahipen Corporation logo

Asahipen Corporation

4623.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥1,876

+¥6.00 · +0.32%

Aug 24, 3:24 PM JST

4623.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Based in Osaka, Japan, Asahipen Corporation specializes in the manufacturing, importation, and distribution of a diverse array of paints, painting equipment, and home goods. The company's paint portfolio includes water-based, oil-based, and spray formulations, complemented by various paint auxiliary materials. For application, they offer an extensive selection of painting tools, such as brushes, rollers, kotebakes, roller trays, paint machines, compressors, application aids, curing products, containers, and polishing supplies. Their repair solutions encompass materials for covers, flooring, joints, metal items, wood components, base adjustment, and concrete. Additionally, they provide repair tapes, pale buckets, and specific insulation and waterproofing products designed for roofs. Beyond paints and repairs, Asahipen supplies interior decorating items like shoji, bran, and cover papers, adhesive sheets, glass decorative and anti-condensation products, flooring materials, glues, double-sided tapes, repair and maintenance provisions, and various tools. The company's home care range features floor waxes, a wide assortment of cleaning agents, bleaching agents, fungicides, general household and kitchen detergents, hygiene management supplies, waterproofing and water-repellent treatments, graffiti removers, polishing compounds, and lubricants. Gardening supplies are also part of their comprehensive offerings. Founded in 1940, the organization was originally known as Asahi Paint Company, subsequently adopting the name Asahipen Corporation in January 1965.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Kogo Sawada
Listed since
Apr 4, 2000
Employees
375

Market position

Day range

Current ¥1,876

52-week range

Current ¥1,876

Open
¥1,881
Previous close
¥1,870
Volume
4.3K
2.1× average
Average volume
2.04K
Average daily volume
Market cap
6.96B JPY
Beta
0.2
Market reference 1
50-day average
¥1,733.34
+8.23% above average
200-day average
¥1,726.05
+8.69% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.63B JPY
P/E (TTM)
8.77×
P/B (TTM)
0.46×
P/S (TTM)
0.37×
EV / EBITDA
7.67×
Earnings yield
10.93%
Free cash flow yield
6.06%
Dividend yield
3.20%

Profitability & efficiency

Gross margin
31.86%
Operating margin
4.40%
Net margin
4.29%
Return on equity
4.85%
Return on assets
2.80%
Return on invested capital
1.97%

Financial health

Debt / equity
0.4×
Current ratio
1.78×
Altman Z-score
1.72
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%25%12%-1%Gross margin, FY2021: 34.38%Gross margin, FY2022: 29.85%Gross margin, FY2023: 29.67%Gross margin, FY2024: 29.56%Gross margin, FY2025: 32.03%Operating margin, FY2021: 6.36%Operating margin, FY2022: 4.62%Operating margin, FY2023: 4.94%Operating margin, FY2024: 5.05%Operating margin, FY2025: 3.74%Net margin, FY2021: 7.06%Net margin, FY2022: 3.82%Net margin, FY2023: 2.22%Net margin, FY2024: 4.09%Net margin, FY2025: 4.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 34.38%. Gross margin FY2022 29.85%. Gross margin FY2023 29.67%. Gross margin FY2024 29.56%. Gross margin FY2025 32.03%. Operating margin FY2021 6.36%. Operating margin FY2022 4.62%. Operating margin FY2023 4.94%. Operating margin FY2024 5.05%. Operating margin FY2025 3.74%. Net margin FY2021 7.06%. Net margin FY2022 3.82%. Net margin FY2023 2.22%. Net margin FY2024 4.09%. Net margin FY2025 4.33%.

Income trends

Revenue

16.82B JPY-1.92%

Operating income

628.41M JPY-27.47%

Net income

727.74M JPY+3.72%
Income trends across reported periods18.83B JPY12.12B JPY5.41B JPY−1.3B JPYRevenue, FY2021: 14.22B JPYRevenue, FY2022: 17.13B JPYRevenue, FY2023: 17.11B JPYRevenue, FY2024: 17.15B JPYRevenue, FY2025: 16.82B JPYOperating income, FY2021: 904.89M JPYOperating income, FY2022: 791.65M JPYOperating income, FY2023: 844.45M JPYOperating income, FY2024: 866.37M JPYOperating income, FY2025: 628.41M JPYNet income, FY2021: 1B JPYNet income, FY2022: 653.66M JPYNet income, FY2023: 380.49M JPYNet income, FY2024: 701.62M JPYNet income, FY2025: 727.74M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 14.22B JPY. Revenue FY2022 17.13B JPY. Revenue FY2023 17.11B JPY. Revenue FY2024 17.15B JPY. Revenue FY2025 16.82B JPY. Operating income FY2021 904.89M JPY. Operating income FY2022 791.65M JPY. Operating income FY2023 844.45M JPY. Operating income FY2024 866.37M JPY. Operating income FY2025 628.41M JPY. Net income FY2021 1B JPY. Net income FY2022 653.66M JPY. Net income FY2023 380.49M JPY. Net income FY2024 701.62M JPY. Net income FY2025 727.74M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue16.82B JPY17.15B JPY17.11B JPY17.13B JPY14.22B JPY
Cost of goods sold11.43B JPY12.08B JPY12.03B JPY12.02B JPY9.33B JPY
Gross profit5.39B JPY5.07B JPY5.08B JPY5.11B JPY4.89B JPY
Research and development152.89M JPY153.27M JPY182.59M JPY205M JPY
Selling, general, and administrative4.76B JPY4.05B JPY4.08B JPY4.14B JPY3.78B JPY
Operating expenses4.76B JPY4.2B JPY4.23B JPY4.32B JPY3.98B JPY
Interest income4.45M JPY2.53M JPY1.75M JPY2.4M JPY2.33M JPY
Interest expense40.87M JPY27.53M JPY30.89M JPY20.48M JPY8.15M JPY
Depreciation and amortization497.38M JPY489.66M JPY495.4M JPY477.82M JPY330.73M JPY
Operating income628.41M JPY866.37M JPY844.45M JPY791.65M JPY904.89M JPY
Net income727.74M JPY701.62M JPY380.49M JPY653.66M JPY1B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
84.49

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates90.7162.3834.065.73Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 62.83, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 56.74, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 6.74, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 58.65, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 39.87, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 54.42, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 35.1, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 84.49, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates6.64B5.51B4.38B3.25BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 4.28B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 4.54B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 3.5B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 4.26B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 3.76B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 4.16B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 4.65B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 6.38B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥60.00

2025 complete year-7.7% since 2021

2026 partial: ¥30.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥30.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥30.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥30.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Sep 29, 2025

¥30.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 2, 2025

Dividend

Ex-dividend Mar 28, 2025

¥30.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥30.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 3, 2024

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